10:47 AM EST - Norbord Inc. : Reported Adjusted EBITDA of $165 million for the second quarter of 2017 versus $94 million in the second quarter of 2016 and $103 million in the first quarter of 2017. The improvement is primarily due to higher North American oriented strand board (OSB) prices and shipment volumes. North American operations generated Adjusted EBITDA of $157 million, compared to $85 million in the same quarter last year and $102 million in the prior quarter. European operations delivered Adjusted EBITDA of $9 million versus $11 million in the same quarter last year and $6 million in the prior quarter. Norbord Inc.
shares T.OSB are trading up $0.58 at $42.50.
